Abstract
Purpose of this study is to analyze the implications of public health policies on economic growth in Sub-Saharan African Countries. From the experience of quite two homogeneous Economic Areas, namely the CAEMC and the WAEMU, we will check up the following hypotheses: The trade-off between Public expenditures in health and Economic growth is positive (ii). The income elasticity in the WAEMU Area is higher than that of the CEMAC Zone. Our method is based on the Panel data technique to compare countries from the CAEMC Area and those from the WAEMU zone on the 1995-2013 periods. It leads to the two following outcomes: On one hand, there is a long run relationship between Government health expenditures and economic growth; on the other hand, the income elasticity in the WAEMU is higher.
Highlights
The World Population Health has been improved in a spectacular way over the last decades
The ydrit variable alone significantly and negatively influences public spending on health care in the CAEMC. This means that an increase in the youth dependency ratio of 1% would lead to a reduction in public health expenditure of about 3.09% in the WAEMU zone and about 4.69% in the CAEMC
In this study that analyzes the effects of economic growth on health public spending, in WAEMU and CAEMC, we have reexamined the inter-relationships that could exist between these two economic aggregates
Summary
The World Population Health has been improved in a spectacular way over the last decades These improvements have been brought about by a series of factors (hike in incomes and Medical techniques progress, etc.), the increase of health expenditure has much contributed to these factors. Konan raise the part of their budget that is allocated to the health sector in order to enhance their economic growth [1] This standpoint of the World Health Organization is justified through the fact that a rise of health investment would reduce yearly additional incomes that could be used for the amelioration of millions of people living conditions and of social infrastructures in poor countries
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